(SLV) iShares Silver Trust - Ratings and Ratios

The iShares Silver Trust (SLV) is a passively managed exchange-traded fund (ETF) designed to track the price of silver. It holds silver bullion and reflects the performance of silver prices before accounting for the Trusts expenses and liabilities. The Trust does not employ any active management strategies to capitalize on silver price movements or mitigate losses. It is structured to provide exposure to silver without the need for direct physical ownership. For more information, visit http://www.ishares.com.

SLV is listed on the NYSE ARCA under the ticker symbol SLV. It is categorized as a Commodities Focused ETF, offering investors a way to gain exposure to the silver market. The Trust is backed by physical silver holdings, and its value is derived from the silver it holds, less administrative and storage fees.

Based on the provided data, SLVs current price is 29.50, with key support levels at 29.2, 28.2, 27.3, and 26.4. Resistance levels are at 29.9 and 30.7. The 20-day SMA is 29.45, slightly below the current price, while the 50-day SMA is 29.58, indicating a neutral short-term trend. The 200-day SMA is 28.22, suggesting a longer-term bullish trend.

The 3-month forecast for SLV is as follows: - Technical Outlook: The 20-day SMA is slightly below the 50-day SMA, indicating a neutral trend. The ATR of 0.70 suggests moderate volatility. Support at 29.2 and resistance at 29.9 are key levels to watch. If the price breaks above 30.7, it could signal an uptrend. Conversely, a breach below 27.3 may indicate a downtrend. - Fundamental Outlook: With an AUM of $14.664 billion, SLV remains a liquid and widely traded ETF. Silvers demand, driven by industrial use and safe-haven buying, is expected to influence the Trusts performance. Global economic trends and monetary policy decisions will also play a role in shaping silver prices over the next quarter. - Price Forecast: Based on current levels and technical indicators, SLV is expected to trade within a range of $27.30 to $31.00 over the next three months, with potential upside if silver prices strengthen due to increased demand or geopolitical tensions.